ANNEX Z

DOLE KABUHAYAN PROGRAM

GROUP BUSINESS PLAN

I. PROJECT BRIEF
Proponent ACP/Proponent Beneficiary : SR. Santo Niño Farmers Association, Inc.
Proposed Business Project : General Merchandise
No. of Beneficiaries : 45 members
Total Project Cost : Php. 312,500.00
DOLE Support : Php. 250,000.00
Proponent ACP/Proponent : Php. 62,500.00
Contact Person : Ceferino M. Logroño Jr.
Contact Number : 0995-114-3021/ 0936-037-6843

II. EXECUTIVE SUMMARY

Marketing Aspect
The store is situated near Terminal. It is 5 meters from the Public Schools,
Bus, Jeepney Terminal, and Fish Market. The store is in a great location with
a lot of foot traffic and a lot of businessmen and women whom we discovered
are also going somewhere a little farther away to buy groceries to sell for
their store as well as for their family’s consumption. And, given the
association's low price, there's a good chance they'll choose to shop in the
store. So, this is a big advantage for this location to get a lot of customers.
Customer care should be given to clients to satisfy their needs. Store hours
will be from 5:30 a.m. to 8:30 p.m. with no noon break and offer free charges
on other services.

Production Aspect
Maintain the availability of in-demand goods, especially those that are
essential (FOOD). All of the pieces are of high quality. Maintain the cost
as much as possible, but keep in mind that it is always subject to market
fluctuations. Customers would have confidence in their suppliers' ability to
deliver on schedule and with consistent quality.

Management Aspect (please revise ani mang, management aspect

meaning sa pagdala ni sya. Dapat about Project management team ni
nga part)
Maintain price lists for all items to prevent discrepancies in data and to
ensure the information is correct. There is cash out to be made, such as
payment deliveries, petty cash, wages, and rental payments. Customers
will receive receipts from the store for their records maintain a stock card
to keep track of the amount of stocks available. It is simple to perform
inventory on a weekly, quarterly, or annual basis using these. It greatly
aids in the purchase of stocks in the market, whether small or large
quantities of stocks are produced. Only out of stock to be taken in every
purchase so that no money is wasted instead provide new stocks.
Bookkeeping and auditing are essential ways to promote transparency in

Page 1 of 17
 handling business. Any company that is engaged has guidelines and rules
that must be followed by the employee/s in order for the daily routine of
their job to run smoothly. If required, workers must complete a Regular
Time Record (DTR) and send it to the manager's office with the
supervisor's initials as proof of service. The management should provide
them with life insurance and health insurance so that they, as well as their
families, will prosper.

In order to ensure the workplace's safety, it should be fitted with fire-

fighting equipment (fire extinguishers) or a surveillance camera. Or
paraphernalia of various kinds

Financial Aspect
For this project, the proponent needs a start-up capital of Two Hundred
Fifty Thousand pesos (P 250,000.00) for the direct materials. With the
grant from DOLE X-CDO, Ganda Berhin sa Kota Mothers could purchase
for the first cycle of the business. The proponent in this regard is expected
to double the start-up capital for 1 to 2 years in operation and be liquidated
at that time.

Collaboration of Stakeholders Commitments (Organization /ACP,

beneficiaries, etc.)
The Sr. Santo Niño Farmers Association, Inc. commits to work together
with the Department of Labor and Employment in full submission to their
rules and regulations. There must be proper coordination and
collaboration where the main agenda is not just to acquire funding but to
improve the livelihood of the members and community, enabling them to
participate in the improvement of the local economy. The Sr. Santo Niño
Farmers Association, Inc. agrees and shall commit to the following in
order to achieve the desired goal of the said proposed business.

III. ORGANIZATION/ACP/PROPONENT OVERVIEW

History, structure, and organization

The Sr. Santo Niño Farmers Association Inc. (SSNFAI), was created on
December 10, 1995, based on the Memorandum of Agreement between (MOA)
Capistrano Development Corporation (CDC) and the Sr. Santo Niño farmers of
Upper Gusa, Cagayan de Oro City. On April 15, 1999, the association was
registered with the Securities and Exchange Commission (SEC) as Sr. Santo
Niño Farmers Association (SSNFAI) with registration no. HN095-000321 but
since then and until now, the SEC registration was not renewed by the previous
administration of the Association, so as per se, the SEC registration was rebuked
or suspended.

The Sr. Santo Niño Farmers Association, Inc. (SSNFAI) was recreated by the
virtue of General Assembly represented by some of the living original members
and the heirs of the Association. On the same date, the SSNFAI conducted an
election for the new sets of officers. On December 5, 2022, the Constitution and
by-laws of the association were enacted with the presence of the majority of
members and officers. In the same year, the group was officially registered as an
association with the Department of Labor and Employment – X Cagayan de Oro

Page 2 of 17
 City Field Office. Composed of 45 all residents of Barangay Gusa, Cagayan de
Oro City.

The business will be situated at Purok 4B Brgy. Gusa, Cagayan de Oro City.
Owned by one of the members of the association and it is free of charge.

The association officer’s ability to lead the group and the culture of unity and
democracy has been developed to support the purpose of why the organization
exists. The group believed in these values for the association to thrive: love,
commitment to work, volunteerism, and duty above personal interest.

Organizational Structure

General Membership

Association President

Association Committee

General Clientele

IV. INTRODUCTION

Background Information

Through this Grocery Store which is retailing and wholesaling of basic

household commodities, the need of the members and the neighboring
community of The Sr. Santo Niño Farmers Association, Inc. is being catered.
It is so fulfilling if this business be realized; because within the association
trust is already been developed, so it could be easy for the members to
access basic household necessities in difficult times compared to another
store nearby. Not only because they already have share capital contributed to
the association but because the confidence is already been there. With this
business, many lives will be saved and will prolong the life of the association.
Purpose and objectives of the proposed business
a. To help the beneficiaries to have an income and earn money to support
their families daily needs.
b. Sustainability of income of the association’s members.
c. To make the business profitable. It means to store or buy that products
which are in demand and can be sold.
d. To enhance, establish and promote the store’s visual image.
e. To make sure that the records are relevant, black and white to every
beneficiary.

Page 3 of 17
Direct and indirect beneficiaries

Direct beneficiaries are the residents of Barangay Gusa, Cagayan de Oro City
who are also members of the association while the indirect beneficiaries are
non-members of the association including, students, residents, drivers, and
operators residing in the barangay and neighboring communities. Indirectly,
the local community will also benefit from the program. They are potential
suppliers of the raw materials that the project needs or become association
resellers. They can also access locally available basic household needs
without going to the mall or to the market to find food. They save their time,
and fare and are able to minimize risk from covid.

Brief description of the proposed business (please ko revise ani mang,

about business or project ni mang kung unsa ang project)

Many merchandising companies are present all over the world. Some are
established and well-known. It will be a big challenge for us to intersect in the
community since there are many direct competitors of the proposed business.
But, these are not hindrances for us to start, continue and pursue our vision
and mission. However, through the energy and the influence of the members,
we do believe that we can possess the ability to let others patronize the
business. Eventually, we’ll have to use social media to become our most
reliable source of advertising. Having this marketing strategy will boost a big
factor that other people will see our business as suitable for their needs and
of course by making profitable prices that will catch their attention that is
lesser compared to another merchandising store.

THE PROPOSED BUSINESS/PROJECT

A. MARKETING PLAN
 Analysis of the market

Retailing or wholesaling basic commodities is not something new to

the market in all parts of the Philippines. Statistics will say that the
supply is even increasing especially today. There is a need to establish
access to these common household commodities because the demand
is high.

The threat to this business is when the credit policy is poor; this is if the
officers allow for sales under the account. The members are the target
customers but the association has to set control in order for the
business to benefit its purpose.

Bulk purchase is also to be considered in order to cut other expenses,

so the goods will become affordable to the customers.

 Products or services to be offered

Goods and commodities, like groceries for sale that are used for
personal, family, household, or non-business purposes are the primary
products offered to the customers. To determine whether an item is

Page 4 of 17
 saleable requires a factual finding, on a case-by-case basis. This will
vary from one item to another which is why the analysis of the
purchaser is very relevant for the business sales to increase. It has to
have a variety of choices to attract customers and to develop repeat
customers.

 Brand Strategy

The group come up with the possibility of making our own logo with
catchy colors that would inform everything from product development
to customer service to sales and marketing. Streamers, tarpaulin,
leaflets, flyers, social media platforms, and a lot more strategic
activities would promote and be recognized by everybody.

 Distribution strategy

Workforce management is about getting the most out of employees. In

a distribution station, the majority of the cost is the labor force required
to run the business. The labor expense is typically between 20% and
70% of overall association costs, so even small reductions
substantially improve margins.

The future plan of automation will help the association make the best
financial decisions that may require more capital but require less
ongoing labor than the manual alternatives.

 Product strategy

Since the company will be selling goods, we will make sure to expand
it by buying more goods especially the necessities depending on the
income stated by our inventory system. To offer non-stop and limitless
products to our customers.

 Pricing

Just as the right price is one that customers will pull the trigger on
quickly, a price that's too high or too low will cause hesitation.

 Promotion Strategy

The association will adopt promotion strategies that are; price

discounting and product bundling. Price Discounting until now, this
technique was mainly used to acquire new customers to try products.
Today, this type of push strategy can be carried out in a much more
targeted way, in areas with a high concentration of families; price
discounts can be applied to basic commodity products to drive
incremental sales.

Product bundling: This technique can be used for market penetration,

sometimes offering a product with a perceived higher value for the
client. A strong marketing campaign and promotion strategy aimed at
driving distribution of offering a lower-cost alternative. Using social

Page 5 of 17
 media marketing, designing attractive sales commissions and
incentives, adopt also customer loyalty bonuses for the members, and
giving discounts for wholesale buyers.

 Prospective buyers

The prospective buyers are simply the association members and the
members of their households and the community residing in the area.
But today because it is now possible to ship and deliver products within
the city and even other neighboring provinces through shipping
services, especially in product bundling strategy. So, the association
will also adopt selling online through the use of social media platforms.

B. PRODUCTION PLAN
 Production Plan

Those goods that sell well and have a high demand in the market are often
given first preference in any order or purchase. The most critical feature of
the working environment is that it has a vast area for the purpose of being
able to walk about freely in a fresh environment.

 Plant/workplace (building, size, layout, location)

The association has already an existing store which is big enough for the
proposed project.

 Raw Materials (how many, availability from supplier, cost)

Grocery items are always available in the market, and looking for partner
suppliers with the same vision as the association.

 Personnel

The existing management team directly involved in the business operation

will be the people who will handle the proposed business. The association will
just require more time and more commitment to the team. But of course, the
team will undergo orientation and review on the business flow and the system
needed to be adopted for this business to run efficiently and profitably. There
will be tools and certain controls that the association needs to install. The
orientation will also include a discussion on safety protocol and financial
management.

 Safety and Health (safety measures, protective gear)

The association will abide by what has been required by the agency concerns
about safety, proper sanitation, and hygiene. We will closely coordinate with
the local government for their guidance and advice, especially, regarding the
required compliance with covid and other health protocols.

 Facilities required and their production capacity (equipment, tools, and

materials)

Page 6 of 17
 This proposed business needs a stock room and space as a display area.
Display racks are also necessary, and hanging cabinets and refrigerator is
also important.

 Business hours and schedules

The store will be open daily the association will manage the business in every
Sunday so that their employees have time to rest. Business hours will be 5:00
am to 9:00 pm every weekday and 6:00 am to 9:00 pm every weekend.

C. MANAGEMENT PLAN
Composition of the Project Management Team
The success of the association’s business will depend on the member’s
dedication, hard work, and performance of their respective duties and
responsibilities as mentioned in the constitution and by-laws.

To sustain a reasonable atmosphere of the business, the President and

the Vice President of the group would consider the recommendations from
their members when making decisions. The Project Management Team
(PMT) will compose of Supervisor, Checker, Cashier, and a Bookkeeper.
Both will receive compensation based on the agreed salary scheme with
the association. The officers must see to it that the business will withstand,
through close supervision and monitoring, not only sales but on expenses.

Specific Duties and Responsibilities

Position: Manager
Status: Full Time
Job Description:
 Is in charge of the company’s whole service.
 Is in charge of workers and workplace sanitation.
 Ensures that the association’s policies and procedures for
corporate operations are followed correctly.
 Make policy and action recommendations to management to help
develop the framework.
 Report any violation/s in policies and guidelines to resolve issues
and concerns.

Position: Purchaser
Status: Full Time
Job description:

 Testing and tracking the amount of loaded and unloaded goods.

 Keep a master list of all products, including their names, brands,
and sizes.
 Write a report for a daily report.

Position: Cashier
Status: Full Time
Job Description

Page 7 of 17
  Is in charge of all sales sets in the store.
 Is in charge of depositing daily collections in a depository bank that
has been approved.
 Is in charge of compiling monthly reports and maintaining a
cashbook.

Position: Store Assistant

Status: Full Time
Job Description

 Works on the sales floor providing assistance directly to the

customers.
 Greeting customers who enter the store.
 Maintaining store display

Profit sharing

This is how we divide our profit sharing: Patronage Fund 30 %, General

Fund 10%, and Training Fund 7% for future purposes.

Patronage Fund 30 % 43,821.90 241,069.50 293,209.35

General Fund 10% 14,607.30 80,356.50 97,736.45
Training Fund 7% 10,225.11 56,249.55 68,415.52

Business Structure
PRESIDENT

SECRETARY
AUDITOR & INVENTORY PURCHASER

MANAGEMENT

SALES LADY OR CASHIER

Specific Training needs

The important training for those who are directly involved in the operation
is the basic Accounting and Auditing, Simplified Bookkeeping System,
Policymaking, and Entrepreneurship Development Training. At any rate, by
monitoring and evaluation of the project by the Department of Labor, training
needs could be determined. Training may be either in the Pre-Implementation
phase or in the Post-Implementation phase.
D. FINANCIAL PLAN

a.) Cost of Direct Raw Materials

Page 8 of 17
Particulars Quantity Unit Cost Total Cost

Page 9 of 17
 ₱ ₱
Lucky Me Supreme Mini Jjamppong 40g 10 cups
30.00 300.00
₱ ₱
Lucky Me Supreme Mini Spicy Bulalo 40g 10 cups
25.00 250.00
₱ ₱
Nissin Cup Noodles Beef 40g 10 cups
26.00 260.00
₱ ₱
Nissin Cup Noodles Chicken 40g 10 cups
26.00 260.00
₱ ₱
Lucky Me Supreme Mini Sotanghon 40g 10 cups
30.00 300.00
₱ ₱
Argentina Beef Loaf 250g 20 cans
36.00 720.00
₱ ₱
Argentina Beef Loaf 150g 20 cans
26.00 520.00
₱ ₱
Argentina Corned Beef 100g 20 cans
32.00 640.00
₱ ₱
Fresca Tuna Flks In Oil 175g 20 cans
37.00 740.00
₱ ₱
Mega Sardines 155g 20 cans
28.00 560.00
₱ ₱
Young’s Town Sardines 155g 20 cans
27.00 540.00
₱ ₱
Birch Tree Milk 33g (8’s) 15 ties
81.00 1,215.00
₱ ₱
Bear Brand Swak 33g (8's) 15 ties
94.00 1,410.00
₱ ₱
Milo Sachet 24g (12's) 15 ties
114.00 1,710.00
Nescafe 3in1 Creamy Latte Twin Pack 51g ₱ ₱
15 ties
(10’s) 133.00 1,995.00
₱ ₱
Nescafe Classic Sticks 1.9g (48's) 15 packs
120.00 1,800.00
KOPIKO Blanca Coffee Twin Pack 52g ₱ ₱
15 ties
(10's) 127.00 1,905.00
₱ ₱
KOPIKO Black Coffee Twin Pack 50g (10's) 15 ties
127.00 1,905.00
₱ ₱
KOPIKO Brown Coffee Single 27.5g (10's) 15 ties
78.00 1,170.00
Nescafe Creamy White Twin Pack 51g ₱ ₱
15 ties
(10’s) 131.00 1,965.00
₱ ₱
Great Taste White Twin Pack 50g (10's) 15 ties
125.00 1,875.00
₱ ₱
Cowbell Condensada 374g 15 cans
47.00 705.00
₱ ₱
Cowbell Evaporada 360mL 15 cans
34.00 510.00
₱ ₱
Hunt’s Baked Beans 175g 15 cans
29.00 435.00
₱ ₱
Star Margarine 100g 15 cups
39.00 585.00
₱ ₱
Papa Banana Catsup 320g (12oz) 15 bottles
31.00 465.00

Page 10 of 17
 ₱ ₱
Mang Tomas 325g 5 bottles
41.00 205.00
₱ ₱
Dolphin Special Bihon 200g 15 packs
24.00 360.00
₱ ₱
Aji-Nomoto (Vetsin) 10g (18’s) 15 packs
53.00 795.00
₱ ₱
Magic Sarap 8g (16's) 10 bundles
71.00 710.00
₱ ₱
Knorr Chicken Cube Single 10g (12’s) 5 ties
78.00 390.00
₱ ₱
Silver Swan Soy Sauce 200mL 15 pouches
15.00 225.00
₱ ₱
Silver Swan Sukang Puti 200mL 15 pouches
12.00 180.00
₱ ₱
Sarsaya Oyster Sauce 30g (6’s) 10 ties
38.00 380.00
₱ ₱
Coco Mama Fresh Gata 200mL 5 pouches
24.00 120.00
₱ ₱
Aji-Nomoto Crispy Fry Regular 62g 15 pcs
29.00 435.00
₱ ₱
Princess Bea Rice 50kls (1 sack) 8 sacks
2,400.00 19,200.00
₱ ₱
Sinandomeng Rice 50kls (1 sack) 7 sacks
2,400.00 16,800.00
₱ ₱
Jasmine Rice 50kls (1 sack) 7 sacks
2,500.00 17,500.00
₱ ₱
Youngchow Rice 50kls (1 sack) 7 sacks
2,250.00 15,750.00
₱ ₱
Valencia Rice 50kls (1 sack) 7 sacks
2,500.00 17,500.00
₱ ₱
Brown Sugar (1 sack) 1 sack
3,600.00 3,600.00
₱ ₱
White Sugar (1 sack) 1 sack
4,500.00 4,500.00
₱ ₱
Lucky Me Beef Noodles 55g 20 pcs
14.00 280.00
₱ ₱
Lucky Me Chicken Noodles 55g 20 pcs
14.00 280.00
₱ ₱
Lucky Me Pancit Canton (chilimansi) 20 pcs
15.00 300.00
₱ ₱
Lucky Me Pancit Canton (sweet & spicy) 20 pcs
15.00 300.00
₱ ₱
Lucky Me Pancit Canton (hot & spicy) 20 pcs
15.00 300.00
₱ ₱
Vermicelli Sotanghon 12 packs
40.00 480.00
₱ ₱
Reylens Pancit Canton (1/2kl) 12 packs
86.00 1,032.00
₱ ₱
Alaska Evaporada 140mL 12 cans
24.00 288.00
₱ ₱
Alaska Evaporada 370mL 12 cans
61.00 732.00
Tide Bar (cut) 125g 18 pcs ₱ ₱

Page 11 of 17
 19.00 342.00
₱ ₱
Pride Powder Detergent (blue) 40g (6’s) 15 ties
31.00 465.00
₱ ₱
Pride Detergent Bar (cut) 100g 15 pcs
11.00 165.00
₱ ₱
Surf Powder Detergent 70g/65g (6’s) 15 ties
42.00 630.00
₱ ₱
Surf Detergent Bar (kalamansi) 360g 15 pcs/bar
28.00 420.00
₱ ₱
Wings Detergent Bar 390g 15 pcs/bar
31.00 465.00
₱ ₱
Wings Detergent Powder 60g (6’s) 15 ties
39.00 585.00
₱ ₱
Perla Blue Bar 380g 15 pcs/bar
54.00 810.00
₱ ₱
Perla White Bar 380g 15 pcs/bar
54.00 810.00
₱ ₱
Speed Bar Blue 380g 15 pcs/bar
25.00 375.00
₱ ₱
Speed Det Bar (kalamansi) 380g 15 pcs/bar
27.00 405.00
₱ ₱
Ariel Powder 43g (6's) 15 ties
63.00 945.00
₱ ₱
Safeguard Classic 60g 15 pcs
24.00 360.00
₱ ₱
Safeguard Bar (white beige) 85g 15 pcs
43.00 645.00
₱ ₱
Silka Papaya Soap 65g 15 pcs
22.00 330.00
₱ ₱
Bioderm Soap Beige 60g 15 pcs
18.00 270.00
₱ ₱
Dazz Dishwashing Paste 200g 15 pcs
25.00 375.00
₱ ₱
Smart Dishwashing Paste 200g 15 pcs
28.00 420.00
₱ ₱
Starwax Red 90g 15 pcs
23.00 345.00
₱ ₱
Emi Standard Match (10pcs) 15 packs
23.00 345.00
₱ ₱
Lion-Tiger Mosquito Killer Regular Size 14 boxes
22.00 308.00
₱ ₱
Scotch Brite Scrubbing Pads 75mmX75mm 15 pcs
28.00 420.00
₱ ₱
Scotch Brite Stainless 15 pcs
30.00 450.00
₱ ₱
Zonrox 100mL Fresh Scent 10 bottles
13.00 130.00
₱ ₱
Zonrox 250mL 10 bottles
19.00 190.00
₱ ₱
Zonrox 100mL (original) 10 bottles
13.00 130.00
₱ ₱
Sunsilk 13mL (pink) (6’s) 15 ties
41.00 615.00

Page 12 of 17
 ₱ ₱
Sunsilk 13mL (green) (6’s) 15 ties
41.00 615.00
₱ ₱
Palmolive 12mL (pink) (6’s) 15 ties
41.00 615.00
₱ ₱
Palmolive 12mL (violet) (6’s) 15 ties
41.00 615.00
₱ ₱
Head and Shoulder 12mL (pink) (6’s) 15 ties
39.00 585.00
₱ ₱
Head and Shoulder 12mL (green) (6’s) 15 ties
39.00 585.00
₱ ₱
Keratin Shampoo (black) (6’s) 10 ties
39.00 390.00
₱ ₱
Keratin Shampoo (pink) (6’s) 10 ties
39.00 390.00
₱ ₱
Cream Silk (pink) 12mL (6's) 15 ties
43.00 645.00
₱ ₱
Cream Silk (green) 12mL (6’s) 15 ties
43.00 645.00
₱ ₱
Clear Shampoo 12mL (6's) 10 ties
39.00 390.00
Pantene Shampoo Soft & Smooth Care ₱ ₱
10 ties
12mL (6's) 40.00 400.00
Pantene Shampoo Total Damage Care ₱ ₱
15 ties
12mL (6's) 40.00 600.00
₱ ₱
Rejoice Shampoo Rich 16mL (6's) 10 ties
45.00 450.00
₱ ₱
Dove Shampoo 10mL (6's) 10 ties
38.00 380.00
₱ ₱
EQ Diapers Large (28’s) 10 packs
250.00 2,500.00
₱ ₱
EQ Diapers Medium (32’s) 10 packs
250.00 2,500.00
₱ ₱
EQ Diapers Small (36’s) 10 packs
250.00 2,500.00
Coca-Cola Original Taste Canned ₱ ₱
2 cases
12oz/320mL (6's) 200.00 400.00
₱ ₱
Sprite Canned 12oz/320mL (6’s) 2 cases
200.00 400.00
₱ ₱
Coca-Cola Original Taste 1.5L (12’s) 2 cases
780.00 1,560.00
₱ ₱
Sprite 1.5L (12's) 2 cases
780.00 1,560.00

Total 157,857.00

b.) Cost of Direct Labor

Particular Quantity Rate/Day Duration Amount

Store Clearing, Fixing and

installation of racks and      
shelves

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 Carpenter 2 ₱650.00 5 ₱6,500.00
Total Labor
      ₱6,500.00
Cost

c.) Overhead Cost

Particulars Quantity Monthly Annually
Admin Cost:
     
(Honoraria)
₱5,000.00 ₱60,000.00
Manager 1
₱8,000.00 ₱96,000.00
Purchaser 2
₱4,500.00 ₱54,000.00
Cashier 1
₱8,000.00 ₱96,000.00
Sales Personnel 2
₱25,500.00 ₱306,000.00
Sub-total  
₱1,500.00 ₱18,000.00
Water Bill  
₱5,000.00 ₱60,000.00
Electric bill  
₱2,500.00 ₱30,000.00
Transportation  
₱34,500.00 ₱414,000.00
Total  

d.) Pre-Operating Expenses

Particulars Quantity Unit Cost Total cost

₱30,000.0 ₱30,000.0
0 0
Training (Management and Bookkeeping)  

₱14,000.0 ₱14,000.0
0 0
Materials for renovation  
₱7,500.00 ₱7,500.00
Business Permit  
₱51,500.0
Total   0

e.) Training Expenses Details

Unit
Particulars Quantity Duration Total Cost
Cost
Meals and Snacks 30 3 225 20,250
Resources Persons PF 1 3 1,500 4500
Venue Rentals   3 1,500 4500
Training Materials       750
Total   30,000
Only 30 members will be trained, and the other members will be trained by the
members who are already trained.

f.) Capital Outlay

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 Particulars Quantity Unit Cost Total Cost
Double Sided Rack (180x90x70) 1 7,900.00 7,900.00
Single Sided Rack 3 6,200.00 18,600.00
Weighing Scale 100 kg 1 7,500.00 7,500.00
Fujidenzo INR - 100s 10 CU.FT 2
1 21,643.00 21,643.00
Door Refrigerator
Wooden Rice Box (6 holes) 1 6,500.00 6,500.00
Total     62,143.00

g.) Project Cost

Particulars Total Cost DOLE Proponent
Cost of Direct Raw
157,857.00 157,857.00  
Materials
Cost of Direct Labor 6,500.00   6,500.00
Capital Outlay 62,143.00 62,143.00  

     
Overhead Cost
Admin Cost: (Honoraria) 25,500.00   25,500.00
Utilities Expenses 6,500.00   6,500.00
Transportation 2,500.00   2,500.00
Operating Expenses      
Training 30,000.00 30,000.00  
Materials for building 14,000.00   14,000.00
Permit/License 7,500.00   7,500.00
Total 312,500.00 250,000.00 62,500.00
The total equity of the project will come from the members' contributions.

2. PROJECTED FINANCIAL STATEMENT

Projected income statement

Particular Year 1 Year 2 Year 3
Income:      
Cash sales 6,771,790.00 8,126,148.00 9,751,379.50
Other Income 18,000.00 15,000.00 16,500.00
Total Income 6,789,790.00 8,141,148.00 9,767,879.50
Less: Cost of sale      
Purchases 6,182,852.00 6,512,918.00 7,814,300.00
Add: Freight In 17,950.00 18,500.00 19,500.00
Total Cost of sales 6,200,802.00 6,531,418.00 7,833,800.00
Less: Inventory 350,405.00 372,048.00 391,690.00
Stocks available to sale 5,850,397.00 6,159,370.00 7,442,110.00
Gross Income 588,988.00 1,609,730.00 1,934,079.50
Less: Operating Expenses      
Utilities 78,000.00 81,500.00 85,100.00
Transportation 30,000.00 32,500.00 45,000.00
Honorarium 306,000.00 570,000.00 672,000.00
Permits and licenses 7,500.00 7,800.00 8,000.00
Depreciation Cost -5,585.00 -5,585.00 -5,585.00

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 Materials for
14,000.00 15,600.00 35,000.00
building/renovation
Labor 6,500.00 7,500.00 10,000.00
Insurance - 90,400.00 100,400.00
Office Supplies 6,500.00 6,450.00 6,800.00
Total Operating Expenses 442,915.00 806,165.00 956,715.00
Total Income 146,073.00 803,565.00 977,364.50

Projected net income distribution

Patronage Fund 40 % 58,429.20 321,426.00 390,945.80

General Fund 50% 73,036.50 401,782.50 488,682.25
Training Fund 10% 14,607.30 80,356.50 97,736.45

Projected Cash Flow Statement

Particular Year 1 Year 2 Year 3

Cash Inflow      
Cash Balance Beginning   234,921.50 892,295.25
Cash Sales 6,771,790.00 8,126,148.00 9,751,379.50
Grant From DOLE 250,000.00    
Other Income 18,000.00 15,000.00 16,500.00
Account receivable      
Member's Contribution 62,500.00    
Total Cash Inflow 7,102,290.00 8,376,069.50 10,660,174.75
Cash Outflow      
Light and Water 78,000.00 81,500.00 85,100.00
Salaries 306,000.00 570,000.00 672,000.00
Transportation 30,000.00 32,500.00 45,000.00
Office Supplies 6,500.00 6,450.00 6,800.00
Labor 6,500.00 7,500.00 10,000.00
Business Permit/Renewal 7,500.00 7,800.00 8,000.00
Building Materials 14,000.00 15,600.00 35,000.00
Insurance - 90,400.00 100,400.00
Purchases of Goods 6,200,802.00 6,531,418.00 7,833,800.00
Accounts payable 212,481.50 135,021.25 466,489.12
Equipment depreciation cost 5,585.00 5,585.00 5,585.00
Total Cash Out Flow 6,867,368.50 7,483,774.25 9,268,174.12
Cash Balance End 234,921.50 892,295.25 1,392,000.63

Projected Balance Sheet

PARTICULAR YEAR 1 YEAR 2 YEAR 3

ASSETS      
Current Assets      
Cash 234,921.50 892,295.25 1,392,000.63
Other income 18,000.00 15,000.00 16,500.00
Inventory End 350,405.00 372,048.00 391,690.00

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 Total Current Assets 603,326.50 1,279,343.25 1,800,190.63
Fixed Assets      
Equipment 62,143.00 56,558.00 50,973.00
LESS: Depreciation cost 5,585.00 5,585.00 5,585.00
Depreciated Cost 56,558.00 50,973.00 45,388.00
Total Fix Assets 56,558.00 50,973.00 45,388.00
TOTAL ASSESTS 659,884.50 1,330,316.25 1,845,578.63
       
LIABILITIES, GRANT & EQUITY      
Liabilities      
Patronage Refund 80,941.80 475,437.00 579,715.20
Community Development Fund 6,745.15 39,619.75 48,309.60
Training Fund 13,490.30 79,239.50 96,619.20
Insurance - 90,400.00 100,400.00
Accounts Payable 212,481.50 135,021.25 466,486.63
TOTAL LIABILITIES 313,658.75 819,717.50 1,291,530.63
DOLE GRANT 250,000.00 250,000.00 250,000.00
Equity      
Members Contribution 62,500.00 62,500.00 62,500.00
Income 33,725.75 198,098.75 241,548.00
Total Equity 96,225.75 260,598.75 304,048.00
TOTAL LIABILITIES, GRANT &
659,884.50 1,330,316.25 1,845,578.63
EQUITY

E. COLLABORATION WITH STAKEHOLDERS COMMITMENT

The members of Sr. Santo Niño Farmers Association, Inc. are responsible and very
willing to give their commitments to support to the best of their ability to make this
business operational and profitable. As members of the Sr. Santo Niño Farmers
Association, Inc., it is their commitment to protect the interest of the association and to
promote increase and growth by exercising their rights and its function and also
patronizing its programs and services.

The Sr. Santo Niño Farmers Association, Inc. commits to implementing the said Project
with full cooperation and support. We further commit to adhere to all rules and
regulations that will be imposed by the Department of Labor and Employment and its
Accredited Co-Partner relative to this Project.

Prepared By:

Linda T. Pisgay
President

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